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    8233 Neptune Dr Kalamazoo, MI 49009

    Sponsored
    For Lease
    $6 SF/Yr ($12,194 /Mo)

    8,250 SF Warehouse/Manufacturing Space

    Lot size:
    21,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,250-square-foot industrial space, situated at 8233 Neptune Drive in Kalamazoo, Michigan, offers a blend of warehouse and office functionality. Located conveniently off US-131, this property provides easy access to Southwest Michigan and the greater Grand Rapids market. The building, constructed in 1998, boasts a total of 21,056 square feet across a 2.28-acre lot. The available space includes a 2,465-square-foot office area featuring a conference room, eleven private offices, a kitchen, break area, and restrooms. The warehouse component comprises 5,785 square feet, equipped with a shared loading dock, two 12' x 14' drive-in doors, 200 amps of 480v/3-phase power, and impressive 17-foot clear ceilings. Modern LED lighting enhances the workspace. A mezzanine area is present but not included in the leasable square footage. Ample parking is available, with potential for exterior storage in the east portion of the lot. The property is available for lease commencing September 1st, 2024. This multi-tenant building is classified as industrial, with manufacturing and warehouse subtypes within Kalamazoo County.

    Property Features for 8233 Neptune Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,056 SF
    Total Rate
    12194.93

    Building Details

    Year Built
    1998

    Unit(s) available at that property

    Space
    Suite 1
    Size
    8,250 SF
    Rate per SF
    $6

    HighLights

    • 8,250 SF industrial space available for lease at 8233 Neptune Drive, Kalamazoo, MI, starting September 1, 2024.
    • Convenient US‑131 access, offering easy access to Southwest Michigan and Grand Rapids.
    • Features 2,465 SF of office space with private offices, conference room, kitchen, and restrooms.
    • 5,785 SF warehouse with shared loading dock, two 12' x 14' drive‑in doors, 200 amps of 480v/3‑phase power, and 17' clear ceilings.
    • Ample parking and potential for exterior storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Polymershapes - Kalamazoo Distribution Service Kalamazoo Vapor Shop ... Corporate Office Wifi Vapor Distribution Service Complete Team Outfitter Screen Printer

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility Garden Center Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.6525059
    Latitude
    42.3797255

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    FAQs

    What type of property is this?
    Distribution property - 8,250 SF Warehouse/Manufacturing Space
    Where is this distribution property located?
    The property is located at 8233 Neptune Dr Kalamazoo, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 8,250 SF industrial space available for lease at 8233 Neptune Drive, Kalamazoo, MI, starting September 1, 2024.; Convenient US-131 access, offering easy access to Southwest Michigan and Grand Rapids.; Features 2,465 SF of office space with private offices, conference room, kitchen, and restrooms.
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    8233 Neptune Dr Kalamazoo, MI 49009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8233 Neptune Dr Kalamazoo, MI 49009
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